Hawaii Reserve Study Services

Robert M. Nordlund, PE, RS
President
rnordlund@reservestudy.com

We began preparing Reserve Studies in the State of Hawaii back in 1988. In order to meet the growing needs of our Hawaii clients, the Hawaii office was established in 2006. Our goal has always remained the same – to help Board members & Managers make informed and responsible decisions regarding their reserve funding. A foundational aspect of that goal is creating Reserve Studies that are based on the conditions and costs unique to these beautiful islands.

Our clients range from large master planned communities on Maui & downtown Honolulu high-rises to small townhome & apartment-style condominium associations on the Big Island and Molokai. Our Reports clearly state the current level of funding (Reserve Fund strength) and provide association-governed communities with a powerful 30 year Reserve funding plan. For site-inspection based studies, detailed measurements, inspection comments, and photographs are always included.

Designed to comply with Hawaii Reserve Study State Law, every report also meets National Reserve Study Standards.

We deliver reliable, accurate Reserve Studies in your desired time frame. Our experience and our knowledge of current conditions and costs, based on long-established vendor and contractor relationships, is what sets us apart in the Hawaii market.

Association Reserves - Hawaii
1050 Bishop St, Suite #278
Honolulu, HI 96813
Office: 808/463-3714
Fax: 808/463-3724


Real Estate Claims of “Strong Reserves” – Be Careful!

We subscribe to a media monitoring service that scours the internet for any “mention” of our company name.  We do this to measure our influence in the Reserve Study industry and identify hot issues or trends.  With a company name … Continue reading

(CA) Senate Bill 721: Deck Inspections and Reserve Study Inspections

In California in the first half of 2017, Senate Bill 721 has been proposed, a bill which requires all exposed decks/walkways more than 6 ft above ground, in structures containing three or more multi-family units, to be inspected before 1/1/2023 … Continue reading

The Benefit of Updating your Reserve Study Annually

Reserve Studies are budget planning and disclosure documents prepared to help the board meet their responsibility to care for the assets of the association. Many of the association’s common area components are so large that the association needs many years … Continue reading

EQ Retrofitting in Los Angeles, 2017

by Steven Beltramo, Project Manager, Association Reserves The Issue: Homeowners and Association Managers need to be aware that the City of Los Angeles has passed Ordinances 183893 and 184081, city laws that require the earthquake retrofitting of buildings that fall … Continue reading

Avoiding Future Special Assessments

By Drew Sleezer, Project Manager Life is full of risks. You may be stuck with your current circumstances, but you have surprising power to influence many future risks. As a manager or board member, you are responsible for the care … Continue reading

How Much are Adequate Reserve Contributions?

by Steven Beltramo, Project Manager At Association Reserves we understand board members face a big challenge to budget for the maintenance and replacement of their association’s major common area assets. Boards typically have little knowledge of project costs and when … Continue reading

Change to the FHA “10% to Reserves” Rule?

FHA approval is a status condo associations can attain, allowing unit owners/buyers to receive FHA insurance on their loans which make those loan more attractive to lenders. Depending on your location, as much as 30% – 40% of all residential … Continue reading

Is a Reserve Study Required Annually in California?

In a word, yes. California Civil Code 5550 requires a Reserve Study based on a “diligent visual site inspection” at least every third year, but requires the Board review that Reserve Study annually and “consider and implement necessary adjustments”. That’s … Continue reading

Make your Association 35% Better!

We all know that scarcity causes conflict and stress. Scarcity of Reserves causes deferred maintenance and special assessments, drags down property values, and causes other related problems. How can an association avoid these problems and emerge with sufficient funds to … Continue reading

Setting our Industry Up for Success

After 30 years preparing Reserve Studies, helping associations make wise decisions about their capital budgets to avoid surprises and the high cost of deferred maintenance, Robert Nordlund of Association Reserves has joined the national “Think Tank” of the Foundation for Community … Continue reading